COVID "Act Of God", May Have To See Economy Contract: Nirmala Sitharaman; Other Top Stories
Finance Minister Nirmala Sitharaman on Thursday said the coronavirus pandemic was "an act of God" and an unforeseen factor that affected GST collections.
-
The Centre on Thursday offered the states two options to plug a shortfall in their Goods and Services Tax (GST) revenue, estimated at Rs 2.35 lakh crore in the financial year that ends in March 2021, as the coronavirus disease (Covid-19) pandemic, which finance minister Nirmala Sitharaman likened to an "Act of God", takes its toll on the economy. The Congress party needs "leadership [that is] 24x7" at a time when it is at a "historic low", senior leader Kapil Sabil said on Thursday, Hindustan Times reported.
-
Ten members of the dwindling Great Andamenese tribe in the Andamans have tested positive for coronavirus, the officials said on Thursday, fuelling concerns about the safety of the group and other indigenous people in the remote archipelago, reported Deccan Chronicle. Blaming God for the shortfall in tax collections, the Central government on Thursday reneged on its promise to compensate states for the loss incurred by them on the account of switching over nationwide GST regime and asked state governments to borrow money to fund their operations.
-
After the Congress Working Committee (CWC) meeting on Monday, party unit in Uttar Pradesh demanded action against all the letter writers, with the special mention of former Union minister Jitin Prasada, it seems the split in the Congress may run deeper, The Asian Age reported. Refusing permission for Muharram processions in the country over the weekend, the Supreme Court said it would lead to chaos and "one particular community will be targeted" for spreading the coronavirus.
![The Centre on Thursday offered the states two options to plug a shortfall in their Goods and Services Tax (GST) revenue, estimated at Rs 2.35 lakh crore in the financial year that ends in March 2021, as the coronavirus disease (Covid-19) pandemic, which finance minister Nirmala Sitharaman likened to an "Act of God", takes its toll on the economy. The Congress party needs "leadership [that is] 24x7" at a time when it is at a "historic low", senior leader Kapil Sabil said on Thursday, Hindustan Times reported.](https://drop.ndtv.com/albums/NEWS/COVID-19_Act_Of_637341981595088598/637341981609800453.jpeg "The Centre on Thursday offered the states two options to plug a shortfall in their Goods and Services Tax (GST) revenue, estimated at Rs 2.35 lakh crore in the financial year that ends in March 2021, as the coronavirus disease (Covid-19) pandemic, which finance minister Nirmala Sitharaman likened to an \"Act of God\", takes its toll on the economy. The Congress party needs \"leadership [that is] 24x7\" at a time when it is at a \"historic low\", senior leader Kapil Sabil said on Thursday, Hindustan Times reported.")
